New Zealand Stocks Trading using Direct Broking

Known previously as ANZ Securities, Direct Broking is one of the low fee New Zealand stocks trading broker. It deals with NZ, AU, US and UK stocks. But I use it primarily for NZ stocks trading. With the another post, I use Hatch for US stocks trading.

Important Note : Sharesies is more cost-effective than Direct Broking if trading amount is below $5,000. Move to Direct Broking if you are trading $5,000 and above.

https://www.directbroking.co.nz/directtrade/static/home.aspx

Key points.

  • Minimum of NZD29.95 per trade.
  • Direct debit arrangement.
  • No holding fees for NZ stocks.
  • Online trading.

Below are some of the trading screenshots.

Please perform due diligence before investing.

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Disclaimer : ¬†All posts are reflection of the author’s ideas and do not represent anyone else. ¬†Author(s) are not financial adviser(s), simply a passive investor. Please consult a registered financial adviser for a personalised advice.

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